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Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Thursday, January 21.
Disgraced Socialite Fêted With Two Museums – The local government of Cuenca, Spain, has financed the creation of two spaces to showcase the collection of the financier and Cuban-American art collector Roberto Polo. Officials have been noticeably quiet, however, about Polo’s shady past, which includes a prison term following his embroilment in a $130 million art-fraud lawsuit. The Spanish government has agreed to insure the collection and provide the exhibition space and an annual budget in return for a 15-year loan of nearly 450 works from Polo’s modern and contemporary art trove. (New York Times)
Vogue Releases Special Inauguration Edition Harris Cover – Following backlash over the cover image of its February issue, Vogue announced